Looking to diversify beyond FIMIX? The mutual funds below have the lowest correlation with FIMIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FIMIX.
Best Diversifiers for FIMIX
17 mutual funds have low correlation with FIMIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.01, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.01 | 0.19 | 0.22 | 95 | Municipal Bonds | FIMIX vs DCARX | |
| Fidelity Select Semiconductors Portfolio | 0.02 | 0.04 | 0.06 | 96 | Semiconductors, Technology Equities | FIMIX vs FSELX | |
| DFA Municipal Real Return Portfolio | 0.10 | 0.23 | 0.24 | 94 | Municipal Bonds | FIMIX vs DMREX | |
| Fidelity Blue Chip Growth Fund | 0.10 | 0.09 | 0.09 | 73 | Large Cap Growth Equities | FIMIX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.15 | 0.14 | 0.11 | 63 | Large Cap Blend Equities | FIMIX vs FNILX |
See all 31 diversifiers for FIMIX
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